The Master of Mods with Todd Thams, Episode #120

In this episode of The Power Producers Podcast, David Carothers and co-host Kyle Houck interview Todd Thams, Founder of Mod Advisor, Direct Work Comp, and President of Thams Agency. Todd talks about how the Mod Advisor was born and gives a couple of advice to those who are new to Mod Advisor.

Episode Highlights:

• Todd mentions how he came up with the idea to create the Mod Advisor. (5:42)
• Todd mentions one of his biggest frustrations from building Mod Advisor. (14:33)
• What are some tips and tricks that Todd would like to give to those who are new to the Mod Advisor? (26:53)
• Todd mentions the demo he recorded when he first started Mod Advisor. (33:32)
• Todd shares the slip and fall workbook they built. (37:03)
• Todd shares why insurance shouldn’t be this hard for the majority of businesses out there. (48:26)

Tweetable Quotes:

• “ When somebody tells you you can’t do something or it’s not possible, I’m going to prove you wrong. Number one, I’m going to show you what can be done and I’m going to show you how I can do it.” – Todd Thams
• “The best way to get better is when you compete with somebody who you perceive to be your equal. Then you went against them because you really had to sharpen your pencil and bring out all your tools to win against a formidable opponent.” – Todd Thams
• “I think we need to change the dynamic of work comp a little bit anyway and not make it a four-letter word but, actually make it a positive experience. If we can actually help agents, help businesses, help their employees reduce claims, and provide a better experience in that process, I think it’s a win for the entire industry.” – Todd Thams

Resources Mentioned:

• Todd Thams LinkedIn
• Mod Advisor
• Direct Work Comp
• Thams Agency
• David Carothers
• Kyle Houck
• Florida Risk Partners
• The Extra 2 Minutes